About Trustly Pay
A global Pay by Bank platform that enables secure, instant account-to-account payments, payouts, and identity verification. It helps businesses reduce transaction costs, minimize fraud, and improve conversion rates through open banking technology.
Trustly is a global leader in Pay by Bank solutions, providing a robust open banking platform that connects merchants directly to over 12,000 financial institutions. By bypassing traditional card networks, Trustly enables businesses to reduce interchange fees, accelerate settlement times, and improve conversion rates. The platform is particularly effective for enterprise-level needs in sectors like e-commerce, financial services, and gaming, where speed and security are paramount. Beyond simple payment initiation, Trustly offers a comprehensive suite of tools including identity verification (Trustly ID), automated payouts, and data-driven insights that help merchants understand consumer spending patterns. While the platform is highly scalable and built for high-volume traffic, its enterprise-focused model typically requires a sales consultation for implementation. The developer experience is well-supported with extensive documentation, SDKs, and a dedicated merchant portal, making it a strong choice for organizations looking to modernize their payment infrastructure.
Pros & Cons
- Online banking saves time since I no longer need to physically visit the bank for transactions
- Low and affordable fees compared to buying vouchers or withdrawing cash make it cost‑effective
- Sending and receiving money is quick and easy from the comfort of home without extra hassle
- Details are remembered automatically which makes topping up balances or transferring funds much faster
- Looming risk of hacking online makes me uneasy about storing sensitive financial information digitally Initial setup requires visiting the bank for ID verification which feels inconvenient compared to full online onboarding
- Forgetting login details locks me out and forces another trip to the bank for recovery
- Platform sometimes breaks when banks update their UI and fixes can take weeks to roll out
Features
Key features
Enables direct, secure payments from consumer bank accounts without requiring credit cards or manual routing numbers.
Facilitates real-time fund transfers to bank accounts, improving liquidity and customer satisfaction.
Leverages bank-sourced KYC data to instantly verify user information and reduce onboarding friction.
Utilizes proprietary machine learning models to maximize approval rates and prevent fraudulent transactions.
Automates recurring payments and bill pay to reduce churn and operational costs.
Additional features
Integrates native Open Banking routing onto checkout pages so consumers can complete safe digital purchases without manual routing entries or card numbers.
Employs ecosystem network intelligence to track and recall user authorization states across different devices, accelerating returning customer speeds.
Processes transaction-level underwriting variables via artificial intelligence to provide granular control over risk policies and custom transaction overrides.
Accesses authenticated bank records to extract verified consumer names, addresses, and dates of birth to automate corporate anti-money laundering (AML) compliance.
Operates direct bank connections that bypass standard credit card networks to minimize operational processing fees.
Accelerates player retention and customer satisfaction by executing instantaneous outgoing fund disbursements directly to consumer checking accounts.
Analyzes live account spending behaviors and balance data to optimize transaction timing and support smarter merchant risk decisions.
Directs users smoothly into their familiar mobile banking applications to complete Strong Customer Authentication (SCA) via biometric face or fingerprint scans.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Trustly Pay
A global Pay by Bank platform that enables secure, instant account-to-account payments, payouts, and identity verification. It helps businesses reduce transaction costs, minimize fraud, and improve conversion rates through open banking technology.
Trustly Pay Details
Trustly Pay's In-App Market Place
Does Trustly Pay have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), SEK (kr), NOK (kr), DKK (kr), USD
Pros & Cons
- Online banking saves time since I no longer need to physically visit the bank for transactions
- Low and affordable fees compared to buying vouchers or withdrawing cash make it cost‑effective
- Sending and receiving money is quick and easy from the comfort of home without extra hassle
- Details are remembered automatically which makes topping up balances or transferring funds much faster
- Looming risk of hacking online makes me uneasy about storing sensitive financial information digitally Initial setup requires visiting the bank for ID verification which feels inconvenient compared to full online onboarding
- Forgetting login details locks me out and forces another trip to the bank for recovery
- Platform sometimes breaks when banks update their UI and fixes can take weeks to roll out
Trustly Pay's Support Options
Email Address
contactus@trustly.comDocumentation
https://amer.developers.trustly.com/Live Chat
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